Competition – Being able to reduce lead time can give an organization a competitive edge. Cost-saving – Being able to shorten lead times saves costs by cutting down on working capital.

Lead time is the amount of time from the start of a process until its conclusion. Reducing lead time in manufacturing can increase output and revenue.

For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. BD Biosciences turned to 4flow ...

ABS and the Maritime and Port Authority of Singapore (MPA) are working together to develop a model-based additive manufacturing (AM)… ...